UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)
Penn Virginia Corporation
(Name of Issuer)


Common stock, par value of $0.01 per share
(Title of Class of Securities)




70788V102
(CUSIP Number)
December 31, 2019
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
     þ Rule 13d-1(b)
     o Rule 13d-1(c)
     o Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).










 
 
 
 
 
 
 
 
 
 
 
CUSIP NO.
 
70788V102
 
Page
 
2
 
of
 
6

 
 
 
 
 
 
1
 
NAMES OF REPORTING PERSONS
 
 
 Westwood Management Corp.
 
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
(a)   o
 
(b)   o
 
 
 
3
 
SEC USE ONLY
 
 
 
 
 
 
 
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 
USA
 
 
 
 
 
5
 
SOLE VOTING POWER
 
 
 
NUMBER OF
 
746,099
 
 
 
 
SHARES
6
 
SHARED VOTING POWER
BENEFICIALLY
 
 
OWNED BY
 
11,019
 
 
 
 
EACH
7
 
SOLE DISPOSITIVE POWER
REPORTING
 
 
PERSON
 
757,118
 
 
 
 
WITH:
8
 
SHARED DISPOSITIVE POWER
 
 
 
 
 
0
 
 
 
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 
757,118
 
 
 
10
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
o
 
 
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 
5.01%
 
 
 
12
 
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 
IA
 
 
 
 
 
 








 
 
 
 
 
 
 
 
 
 
 
CUSIP NO.
 
70788V102
 
Page
 
3
 
of
 
6

 
 
 
Item 1(a)
 
Name of Issuer
 
 
 
 
 
Penn Virginia Corporation
 
 
 
Item 1(b)
 
Address of Issuer’s Principal Executive Offices:
 
 
 
 
 
16285 Park Ten Place, Suite 500
Houston, TX 77084
 
 
 
Item 2(a)
 
Name of Person Filing:
 
 
 
 
 
Westwood Management Corp.
 
 
 
Item 2(b)
 
Address of Principal Business Office or, if none, residence:
 
 
 
 
 
200 Crescent Court, Suite 1200
 
 
Dallas, Texas 75201
 
 
 
Item 2(c)
 
Citizenship:
 
 
 
 
 
USA
 
 
 
Item 2(d)
 
Title of Class of Securities
 
 
 
 
 
Common stock, par value of $0.01 per share
 
 
 
Item 2(e)
 
CUSIP Number:
 
 
 
 
 
70788V102

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 






 
 
 
 
 
 
 
 
 
 
 
CUSIP NO.
 
70788V102
 
Page
 
4
 
of
 
6
 
 
 
Item 3 .
 
(a) [ ] Broker or dealer registered under section 15 of the Act.
(b) [ ] Bank as defined in section 3(a)(6) of the Act.
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act.
(d) [ ] Investment company registered under section 8 of the Investment Company Act.
(e) [x] An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
 
 
 
 
 
 
 
 
 
Item 4.
 
Ownership:
 
 
(a) Amount beneficially owned: 757,118.
(b) Percent of class: 5.01%.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 746,099.
(ii) Shared power to vote or to direct the vote: 11,019.
(iii) Sole power to dispose or to direct the disposition of: 757,118.
(iv) Shared power to dispose or to direct the disposition of 0.
 
 
 
 
 
 
Item 5.
 
Ownership of Five Percent or Less of a Class:
 
 
 
 
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.
 
 
 
Item 6.
 
Ownership of More than Five Percent on Behalf of Another Person:

Not applicable.








CUSIP NO.
70788V102
 
Page
 
5
 
of
 
6

 
 
 
Item 7.
 
Identification and Classification of the Subsidiary That Acquired the Security Being Reported on By the Parent Holding Company:
 
 
 
 
 
Not applicable.
 
 
 
Item 8.
 
Identification and Classification of Members of the Group
 
 
 
 
 
Not applicable.
 
 
 
Item 9
 
Notice of Dissolution of Group:
 
 
 
 
 
Not applicable.
 
 
 
Item 10.
 
Certification:
 
 
 Not applicable.
 
 
 











 
 
 
 
 
 
 
 
 
 
 
CUSIP NO.
 
70788V102
 
Page
 
6
 
of
 
6


SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
 
 
 
 
 Date: February 14, 2019
By:
/s/ Murray Forbes III
 
 
 
 
 
 
 
Murray Forbes III
Chief Financial Officer